Market Overview:
The global coconut acid market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. Coconut acid is used in various applications such as cleaning products, metal working, household care, textile chemicals, paints, coatings & inks. The growth of the global coconut acid market can be attributed to the increasing demand for coconut oil and its derivatives in the food and cosmetics industries. Additionally, rising awareness about the benefits of using natural ingredients over synthetic ingredients is also contributing to the growth of this market. However, volatility in prices of raw materials may restrain the growth of this market during the forecast period.
Product Definition:
Coconut acid is a fatty acid found in coconut oil. It has a variety of uses, including as an ingredient in soaps, detergents, and other personal care products. Coconut acid is also used as an industrial surfactant and can be found in many household cleaners.
Hydrogenated Coconut Acid:
Hydrogenated Coconut Acid (HCA) is a medium chain triglyceride and is derived from coconut oil. It can be used as an alternative to other medium chain triglycerides such as C8 MCT, C10 MCT, and C12 MCT. HCA has been found to have more potential than other medium chains in the field of nutraceuticals due to its ability to bypass the liver metabolism and go straight into muscle tissue for energy production.
Non-hydrogenated Coconut Acid:
Coconut acid is a natural medium for hydrogenation and can be used as an alternative to the conventional hydrogenated oils. It has been found that coconut acid does not affect blood cholesterol levels like other Hydrogenated Oils (HCO) do. In addition, it also helps in reducing the risk of heart diseases by lowering bad cholesterol and increasing good bacteria in the gut.
Application Insights:
The global coconut acid market has been segmented on the basis of application into cleaning products, metal working, household care, textile chemicals, paints and coatings and inks. The household care segment is expected to emerge as the fastest-growing application over the forecast period owing to increasing demand for washing machines and dishwashers. In addition, rising consumer awareness regarding hygiene is likely to propel product demand in this segment over the coming years.
Coconut oil contains lauric acid which has antibacterial properties; it can be used as a natural alternative for soaps that are made from animal fats or vegetable oils. These soaps not only cleanse effectively but also moisturize skin without drying it out like other conventional bar soaps do. This factor along with growing environmental concerns about soap manufacturing is anticipated to drive product consumption in personal care applications over the coming years.
Regional Analysis:
Asia Pacific was the largest market in 2016 and is expected to continue its dominance over the forecast period. The region accounts for approximately 60% of global coconut production and consumption. Asia Pacific is also one of the largest consumers of coconut-based products, owing to high demand from countries such as China, India, Japan, South Korea and Thailand. These countries are majorly driven by increasing per capita income coupled with growing population along with rising awareness regarding health & hygiene issues in urban areas.
The industry has witnessed a shift towards developing nations such as China Indonesia Philippines Vietnam Thailand Malaysia Singapore etc., which have a large pool of cheap labor at their disposal thereby making manufacturing cost lower than developed nations like U.S., UK Germany France etc.
Growth Factors:
- Increasing demand for natural and organic personal care products.
- Rising awareness about the benefits of coconut oil and its derivatives among consumers.
- Growing popularity of coconut-based products in the food and beverage industry.
- Rising demand for sustainable, eco-friendly ingredients in cosmetics and skin care products.
Scope Of The Report
Report Attributes
Report Details
Report Title
Coconut Acid Market Research Report
By Type
Hydrogenated Coconut Acid, Non-hydrogenated Coconut Acid
By Application
Cleaning Products, Metal Working, Household Care, Textile Chemicals, Paints, Coatings & Inks
By Companies
KLK OLEO, Croda, Cailà＆Parés, Godrej Industries, Twin Rivers Technologie
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
188
Number of Tables & Figures
132
Customization Available
Yes, the report can be customized as per your need.
Global Coconut Acid Market Report Segments:
The global Coconut Acid market is segmented on the basis of:
Types
Hydrogenated Coconut Acid, Non-hydrogenated Coconut Acid
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Cleaning Products, Metal Working, Household Care, Textile Chemicals, Paints, Coatings & Inks
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- KLK OLEO
- Croda
- Cailà＆Parés
- Godrej Industries
- Twin Rivers Technologie
Highlights of The Coconut Acid Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Hydrogenated Coconut Acid
- Non-hydrogenated Coconut Acid
- By Application:
- Cleaning Products
- Metal Working
- Household Care
- Textile Chemicals
- Paints, Coatings & Inks
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Coconut Acid Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Coconut acid is a natural compound found in coconuts. It has anti-inflammatory and antioxidant properties, which make it beneficial for skin care.
Some of the major players in the coconut acid market are KLK OLEO, Croda, Cail ＆Par©s, Godrej Industries, Twin Rivers Technologie.
The coconut acid market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Coconut Acid Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Coconut Acid Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Coconut Acid Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Coconut Acid Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Coconut Acid Market Size & Forecast, 2018-2028
4.5.1 Coconut Acid Market Size and Y-o-Y Growth
4.5.2 Coconut Acid Market Absolute $ Opportunity
Chapter 5 Global Coconut Acid Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Coconut Acid Market Size Forecast by Type
5.2.1 Hydrogenated Coconut Acid
5.2.2 Non-hydrogenated Coconut Acid
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Coconut Acid Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Coconut Acid Market Size Forecast by Applications
6.2.1 Cleaning Products
6.2.2 Metal Working
6.2.3 Household Care
6.2.4 Textile Chemicals
6.2.5 Paints
6.2.6 Coatings & Inks
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Coconut Acid Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Coconut Acid Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Coconut Acid Analysis and Forecast
9.1 Introduction
9.2 North America Coconut Acid Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Coconut Acid Market Size Forecast by Type
9.6.1 Hydrogenated Coconut Acid
9.6.2 Non-hydrogenated Coconut Acid
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Coconut Acid Market Size Forecast by Applications
9.10.1 Cleaning Products
9.10.2 Metal Working
9.10.3 Household Care
9.10.4 Textile Chemicals
9.10.5 Paints
9.10.6 Coatings & Inks
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Coconut Acid Analysis and Forecast
10.1 Introduction
10.2 Europe Coconut Acid Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Coconut Acid Market Size Forecast by Type
10.6.1 Hydrogenated Coconut Acid
10.6.2 Non-hydrogenated Coconut Acid
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Coconut Acid Market Size Forecast by Applications
10.10.1 Cleaning Products
10.10.2 Metal Working
10.10.3 Household Care
10.10.4 Textile Chemicals
10.10.5 Paints
10.10.6 Coatings & Inks
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Coconut Acid Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Coconut Acid Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Coconut Acid Market Size Forecast by Type
11.6.1 Hydrogenated Coconut Acid
11.6.2 Non-hydrogenated Coconut Acid
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Coconut Acid Market Size Forecast by Applications
11.10.1 Cleaning Products
11.10.2 Metal Working
11.10.3 Household Care
11.10.4 Textile Chemicals
11.10.5 Paints
11.10.6 Coatings & Inks
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Coconut Acid Analysis and Forecast
12.1 Introduction
12.2 Latin America Coconut Acid Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Coconut Acid Market Size Forecast by Type
12.6.1 Hydrogenated Coconut Acid
12.6.2 Non-hydrogenated Coconut Acid
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Coconut Acid Market Size Forecast by Applications
12.10.1 Cleaning Products
12.10.2 Metal Working
12.10.3 Household Care
12.10.4 Textile Chemicals
12.10.5 Paints
12.10.6 Coatings & Inks
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Coconut Acid Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Coconut Acid Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Coconut Acid Market Size Forecast by Type
13.6.1 Hydrogenated Coconut Acid
13.6.2 Non-hydrogenated Coconut Acid
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Coconut Acid Market Size Forecast by Applications
13.10.1 Cleaning Products
13.10.2 Metal Working
13.10.3 Household Care
13.10.4 Textile Chemicals
13.10.5 Paints
13.10.6 Coatings & Inks
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Coconut Acid Market: Competitive Dashboard
14.2 Global Coconut Acid Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 KLK OLEO
14.3.2 Croda
14.3.3 Cailà＆Parés
14.3.4 Godrej Industries
14.3.5 Twin Rivers Technologie
